That is right. Projects with the least obstacle to success will get approved first. It is very simple logic.
PMT has high Capex funding risks, poor ESG credentials with so much disturbance to be caused not just to the pristine lakes, but also to build what we already have at Renard plant and infrastructure is a huge environmental challenge on both fronts.
CV5 is deep too - adds to higher risk and Opex costs
Poor in every single aspect compared to WR1's project.
Over night PMET has lost ground yet again which is really the only path it can take being so grossly overvalued nearly $1.5 billion AUD
Ann: Final 2023 Drill Hole Results for the CV13 & CV9 Pegmatites, page-109
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Last
23.0¢ |
Change
-0.010(4.17%) |
Mkt cap ! $124.0M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.5¢ | 23.0¢ | $509.4K | 2.224M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 209583 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 14000 | 2 |
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| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| PMT (ASX) Chart |